S Squared Advisors

Scott Sipprelle, the founder and managing partner, is the central portfolio manager and makes all final investment decisions. Before founding S Squared in 2006, he was a partner at Copper Arch Capital and co-founded Westfield Capital Management, a growth-equity investment firm. His early career included roles as a growth-equity investor at Morgan Stanley.

No. S Squared Advisors invests exclusively in publicly traded equities. The firm deliberately avoids private funds, venture capital, and direct private-company stakes, avoiding the liquidity constraints, valuation opacity, and fee structures common in those markets. This public-markets-only posture is a defining architectural feature of the partnership.

The firm relies on in-house, fundamental research led by Scott Sipprelle and a lean analyst team. Sipprelle's sourcing network traces back to his experience in growth equity and public-markets roles at Morgan Stanley and Copper Arch Capital. The concentrated portfolio — typically 10 to 15 positions — demands high conviction and deep due diligence on each holding, making the sourcing process intensely selective rather than broad-based.

The firm operates with a multi-year holding period, consistent with a permanent-capital, long-only approach. Positions are selected for their compounding potential over extended periods, not for quarterly or annual relative performance. Turnover in the portfolio is low relative to typical long-only equity managers.

S Squared Advisors is structured as an investment partnership that manages capital for a small number of families and institutions. It does not market itself broadly as a family office nor as an open-ended asset gatherer. The structure resembles a concentrated, permanent-capital vehicle that functions like a publicly-traded private partnership.

The firm does not publish an exclusion list, but its focus areas — enterprise software, fintech, industrial technology, and healthcare services — suggest it avoids sectors like commodities, real estate, and heavily regulated utilities. The concentrated portfolio structure inherently excludes large swaths of the market where Sipprelle and his team lack deep research conviction.

Scott Sipprelle's prior roles connect S Squared to two predecessor firms: Copper Arch Capital, where he was a partner, and Westfield Capital Management, which he co-founded. S Squared is not a spinout or subsidiary of either entity — it is an independent partnership established in 2006.